Home › Charge-Code Guides › DD / SO / FPO / BGC

UK Bank Statement Codes: DD, SO, FPO, BACS, BGC

UK banks prefix transactions with short codes that describe the payment type, not the company. The company or person follows the code.

DD/DDR is a Direct Debit a company collects from you; SO is a standing order you set up; FPI/FPO are Faster Payments in and out; BACS is a three-day electronic payment (salaries, suppliers); BGC is a Bank Giro Credit (money in); BP is a bill payment; TFR a transfer; CHAPS a same-day high-value transfer; POS a debit-card purchase.

How to read a DD / SO / FPO / BGC charge

DD ACME ENERGY LTD
DD — a Direct Debit collected by the company
ACME ENERGY LTD — who collected it

Don't recognize a DD / SO / FPO / BGC charge? Do this

  1. For an unknown Direct Debit, claim a refund from your bank under the Direct Debit Guarantee — a payment taken in error is refunded in full, immediately, with no time limit — and cancel the mandate.
  2. For an unknown standing order, cancel it in online banking.
  3. If you sent a Faster Payment (FPO) to a scammer, tell your bank immediately.

Common questions

What does FPO mean on a bank statement?

Faster Payment Out — an instant bank transfer you sent.

What does BGC mean?

Bank Giro Credit — money paid into your account.

Still can't place the charge?

Search the exact text from your statement against our database of 190,000+ billing descriptors.

Look up a charge

More bank & wallet codes: OPOS · APLPAY · ACH / PPD / WEB

All 49 charge-code guides →